Type: Press

Endowments using time-tested principles can attain excess returns and long-term results above what the global economy and indices offer, according to recently released research.

TIFF Investment Management’s Higher Education Endowment Results: Reflections on Recent Returns and Outlook for the Future whitepaper finds that institutions will attain alpha if they use equities as the cornerstone of their portfolios, alternative investments in a research-driven, intelligent way and pick public market managers using a set of key characteristics.

Read the full article, Financial Investment News: Endowments Can Obtain Alpha By Using Time-Tested Elements: Study

Expect more college and university endowments to invest in private equity and venture capital moving forward. That was one takeaway from a conversation with leaders of TIFF Investment Management, a firm that advises nonprofit organizations, including higher-education institutions.

The schools that saw the largest returns in fiscal 2021, a record year for university endowments, profited most from private equity and venture funds, said Kane Brenan, TIFF’s CEO, and Jess Portis, head of member portfolio management and services. That’s inspiring more college endowments to find ways to get a piece of the action. Private equity and venture capital accounted for just 2.3% of asset allocation in endowments between $25 million and $50 million, according to the National Association of College and University Business Officers-TIAA 2020 “Study of Endowments.” Meanwhile, endowments over $1 billion relied on those alternative investments for a quarter of their asset allocations.

Brendon Parry, TIFF’s Managing Director of Private Investments, is cited in the March 25, 2022 issue of WSJ Pro Venture Capital. Brendon is quoted on TIFF’s buyout and growth-equity strategy which is focused on investing in lower-midmarket general partners and specialists.

Specialist Managers Gain Traction with Fund Investors

TIFF CIO, Jay Willoughby’s interview with FundFire’s Dervedia Thomas where he discussed mistakes that institutions make that can cause them to underperform was selected as a top video for 2021.

If you have a subscription, you can view the video through the link below.

FundFire – Top Videos of 2021

Brendon Parry, TIFF’s Managing Director of Private Equities, is quoted in the June 7, 2021 issue of WSJ Pro Private Equity. Brendon is quoted on the recent boom in the Special Purpose Acquisition Companies (SPAC) market and the impact they have on the alignment between limited and general partners.

Private Equity Firms Wrestle With SPAC Dilemma: Inside or Outside the Fund?